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Question No. 1: a) Explain the relationship between slope of consumption function and Marginal Propensity to Consume (MPC).Justify the logic behind: Slope of Consumption Function=
Question No. 1: a) Explain the relationship between slope of consumption function and Marginal Propensity to Consume (MPC).Justify the logic behind: Slope of Consumption Function= MPC
b) Explain the logic behind the range of MPC i.e. 0
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